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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. battery production.” Ford’s action is only the most recent illustration of how automakers are incorporating more and more restrictive clauses into their leasing agreements. . ” I’d love to hear from you!

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

The truth is that electric vehicles aren't a reliable option for everyone, nor are they affordable. Those who want an electric vehicle and can afford it have every right to purchase one. The fact remains that there’s an affordability issue with modern vehicles that’s been even tougher for EVs to cope with.